SWIFT/BIC codes in Luxembourg: banks starting with U

Luxembourg: banks and their SWIFT/BIC codes

Our directory contains 494 banks and other institutions in Luxembourg and 1051 SWIFT/BIC codes between them. A SWIFT code tells every bank in the chain which institution should receive the money.

Select the bank below to view the head office code and its other codes, plus practical notes for sending and receiving money. The rest of this page explain the structure of the codes, what transfers cost and how to avoid mistakes.

Verifying a SWIFT code from Luxembourg

Ask the recipient to send you the account details directly from a recent statement. An incorrect BIC may lead to delays, a payment being sent back or additional charges, so compare it with the list on this page.

We gather bank codes using publicly available data and check our list from time to time. Institutions merge, close branches and retire codes, and no directory catches every change immediately. For a payment of any size, confirm the BIC with the recipient’s bank. We are a comparison service and not part of any bank listed here.

Scammers often use fake invoices with new bank details from what looks like a familiar address. A valid BIC tells you nothing about who owns the account – scammers use the codes of real banks.

What the letters in a Luxembourg BIC mean

Each SWIFT/BIC code consists of 8 or 11 characters, always in the same order. Characters one to four identify the bank, characters five and six are the country code and characters seven and eight mark the location.

You can spot a code from Luxembourg from the fifth and sixth characters. If those two letters point to another country, you are looking at a bank somewhere else.

The long version adds a branch code – XXX stands for the head office. Use a branch code just if the recipient explicitly gives you one – otherwise stick with the head office.

Banks in Luxembourg beginning with the letter :letter

Here you see a filtered list: just institutions in Luxembourg with a name starting with :letter. The totals mentioned here cover every bank we list.

Many institutions are listed under their official name rather than the name on their app or website, so the letter can differ from what you expect. The complete list remains available if you cannot find the bank here.

The cheapest way to send money to Luxembourg

The price of a transfer to Luxembourg has several parts – not only the fee you see. Besides a fixed fee, correspondent banks may take a cut and, if currencies are converted, the bank usually applies a rate below the real market rate.

Most of the cost usually sits in the exchange rate: banks convert at a rate with a margin built in. An easy check: set the offered rate next to the mid-market rate and work out the difference on your amount.

Money transfer services often offer a rate near the mid-market rate. GoldexPay lists these providers next to each other, showing what actually arrives in Luxembourg.

Receiving money in Luxembourg from abroad

If you are waiting for money from abroad in Luxembourg, give the sender all details at once. Share the account holder’s name, your account number or IBAN, your bank’s SWIFT code and your address.

Find the bank in the list on this page. Some sending banks may also ask for your bank’s address, so keep it at hand.

Expect that the incoming amount is below what the sender paid. Fees for incoming transfers differ per bank. On invoices, state who bears the costs.

Paying in EUR: what conversion costs you

Bank accounts in Luxembourg are typically held in EUR – the Euro. If you send money in a different currency, it gets converted somewhere along the way.

Who does the conversion has an effect on the final amount. Often you pay less to send EUR directly via a transfer service with a good rate so the receiving bank does not need to convert again. On larger amounts, even a small difference in the rate adds up quickly.

Paying in euros to Luxembourg

Since Luxembourg is in SEPA, a euro transfer to a bank in Luxembourg normally requires just the IBAN. Many banks do not require the BIC in that case.

You still need the BIC when sending non-euro payments or money from outside the SEPA area. Instant euro transfers have become increasingly available across SEPA, though not every bank offers them for every account. As long as no conversion is involved, the transfer is usually inexpensive.

Which bank in Luxembourg has the most codes?

Among the 494 institutions we list, BNP Paribas Securities Services holds the most SWIFT/BIC codes of all banks in Luxembourg. The head office of BNP Paribas Securities Services uses PARBLU21XXX.

How many codes a bank has says more about how it organises its payments than about how big it is. Unless the recipient asks for a branch, the head office code PARBLU21XXX works for a payment to BNP Paribas Securities Services.

Transfer times to Luxembourg

There is no single delivery time for payments to Luxembourg: some arrive within a day. Transfers sent late in the day or on weekends and holidays often start the next business day.

When a payment takes longer than expected, the sender should contact the sending bank and ask for the status or the UETR; only the sending side can start an official trace. Money transfer services often provide a status in their app so you can follow the payment.